Wednesday, 12 September 2018

The actual downturn started by mid-2010, when scandal after scandal like 2-G Spectrum allocation, Asian Games, allocation of coal blocks etc etc, started bursting upon the unsuspecting Indian polity one after another with bewildering frequency. This lead to a crisis of credibility of the government, and  caused a disconnect between the Government and the autonomous institutions like Reserve Bank of India, the Higher Judiciary and the Comptroller and Auditor General (CAG) who started closely scrutinizing and questioning each and every action of the Government.The Prime Minister and the other cabinet ministers had to expend all their energies in containing the damage caused by these wave of  corruption charges, they were left with little or no energy for any affirmative action to  focus on economic growth and development.

No comments:

Post a Comment